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by kfreds 2140 days ago
Yes. Well, capital used correctly gives you leverage. Sort of the same. That can be used for a social net good or bad.

Related, I definitely agree with others in the thread that profit can be a measure of social impact. Whether your impact is positive or negative however depends on what solution you offer as an entrepreneur, and to what problem. Two farmers might have the same profit, but one is selling ecological greens, and the other one is selling high-fructose corn syrup. One is contributing to the obesity epidemic, the other one isn't.

In any case, the core of entrepreneurship is solving problems for people and organisations. The more people value and use your products and services the more profit you'll make, assuming your business model is economically sustainable. And you should want it to be! If your costs grow faster than your revenue, there's going to be a point where you have to shut down and can't help more people.